Smarter Cities, Smart Public-Private Partnerships – KeyBanc

Across the country, “smart cities” are investing in LED lighting like Detroit and using connected devices to manage traffic, boost air quality, improve safety and more. Considering widespread fiscal belt-tightening, many of these projects would be non-starters without private-sector partners.

P3s are becoming increasingly popular as states and municipalities discover this financing and delivery tool can appropriately transfer risk and incentivize performance for needed infrastructure.

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